00:00 Lebanon faces a major health crisis.
Lebanon's crippling financial crisis is having a disastrous effect on the country’s hospitals amid the COVID-19 pandemic. DW’s Rebecca Ritters visited Beirut's largest public hospital, where life-saving ventilators could run out of power within days.
02:54 Lebanon's fuel crisis deepens
Lebanon's government has decided to increase the price of fuel by a whopping 66%, as it attempts to partially reduce fuel subsidies. The price of fuel has almost tripled over the space of three months. The increases have come into immediate effect.
The decision was made at an emergency meeting on Saturday between the president, the reserve bank governor, and other senior officials.
That's after the fuel crisis worsened this month when the central bank said fuel imports could no longer be financed at heavily subsidized exchange rates. It was decided a shift to market rates was necessary.
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#Lebanon #Beirut #economic
Lebanon's crippling financial crisis is having a disastrous effect on the country’s hospitals amid the COVID-19 pandemic. DW’s Rebecca Ritters visited Beirut's largest public hospital, where life-saving ventilators could run out of power within days.
02:54 Lebanon's fuel crisis deepens
Lebanon's government has decided to increase the price of fuel by a whopping 66%, as it attempts to partially reduce fuel subsidies. The price of fuel has almost tripled over the space of three months. The increases have come into immediate effect.
The decision was made at an emergency meeting on Saturday between the president, the reserve bank governor, and other senior officials.
That's after the fuel crisis worsened this month when the central bank said fuel imports could no longer be financed at heavily subsidized exchange rates. It was decided a shift to market rates was necessary.
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Instagram: https://www.instagram.com/dwnews
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
#Lebanon #Beirut #economic
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